Deducting mortgage interest tricky on three homes
What home is used for makes big difference
By Tom Kelly, Wednesday, August 29, 2007.Why is mortgage interest deductible without limit on two homes and not just the primary residence?
Some accountants have jokingly referred to the concept as the "Congressman's Rule" because some of our lawmakers have a residence in the nation's capital and another in their home state.
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Copyright 2007 Tom Kelly
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